The Federal Communications Commission made it official Friday: The agency won't begin regulating cable TV rates until Oct. 1.
Viacom Intl., a unit of Viacom Inc., will redeem all outstanding 11.80% senior subordinated notes due 1998. The redemption will occur on July 15 at a price equal to 103.37% of the principal amount; $…
U.S. District Judge Irving Hill has permanently dismissed George Holliday's $ 100 million copyright infringement lawsuit, ruling that it had no merit.
The New York Times Co.'s $ 1.1 billion purchase of the Boston Globe represents an expensive bet on the newspaper business.
A television station fired a reporter, suspended two managers and apologized Friday for making secret recordings of courtroom proceedings.
Group W Prods. may announce as early as this week's Promax (formerly BPME) promotions confab in Orlando that a resolution has been worked out between the producer-distributor and its disgruntled…
Donna Douglas filed a $ 200 million suit against Whoopi Goldberg and Bette Midler, their production companies, Creative Artists Agency, Walt Disney Pictures and others Thursday, alleging the film…
Metro-Goldwyn-Mayer said Thursday it will make its $ 14.4 million interest payment due Tuesday on the $ 136.5 million 13% subordinated debt. The notes mature in 1996, at which time U.S. banking laws…
Media giant Bertelsmann expects revenues to continue to climb during the current fiscal year, despite Germany's growing recession. Worldwide, the conglomerate expects revenues to rise by 1 billion…
Telephone companies are opposing sweeping legislation offered this week by Sens. Daniel Inouye (D-Hawaii) and John Danforth (R-Mo.) that contains a provision allowing telcos to offer cable TV service…